Hi,
I'm looking for a short term rally on this counter, based on this VSA formation
Bar 1 - Ultra high volume down bar, indicating there were smart money buying and supporting the price at this level
Bar 2 - retest of the area of bar 1, now with lover volume
Price moves above the high of bar 1, and we saw at bar 3 price re-test the area of bar 1 (where there were a lot of buying before) with lower volumes (No SUPPLY)
I'm looking for a short term rally to the recent major high
Trade at your own risk, this is not a buy call.
I'm looking for a short term rally on this counter, based on this VSA formation
Bar 1 - Ultra high volume down bar, indicating there were smart money buying and supporting the price at this level
Bar 2 - retest of the area of bar 1, now with lover volume
Price moves above the high of bar 1, and we saw at bar 3 price re-test the area of bar 1 (where there were a lot of buying before) with lower volumes (No SUPPLY)
I'm looking for a short term rally to the recent major high
Trade at your own risk, this is not a buy call.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.